ADVERTISEMENT
Nomura Holdings Inc., Japan's largest brokerage, said Monday it has reached a deal to buy the Asian operations of bankrupt U.S. investment bank Lehman Brothers Holdings Inc. The deal includes Lehman's businesses in Japan and Australia. ...more
September 23, 2008
I am outraged by the recent "solutions" proposed by our "leaders" in Washington to the financial crisis. Unelected bureaucrats and several shameful congressmen have staged a dangerous coup. They have hijacked our wonderful democratic and free market institutions and debased them into socialist nightmares that would make Hugo Chavez and Vladimir Putin blush. If that doesn't alarm you, then try this: Over the past three months, two unelected bureaucrats have decided to spend $1 trillion (at least) of your money to prop up their former colleagues or future consulting gigs. ...more
September 23, 2008
Market forces are great. Until they're not. After nearly three decades of conservatives insisting that government has no business meddling in the private sector, the Bush administration on Friday announced a sweeping plan to spend hundreds of billions of taxpayer dollars bailing out financial institutions that bet wrong on the mortgage market. ...more
September 23, 2008
The reorganization of Morgan Stanley and Goldman Sachs marks a historic end to a period when investment banks drove Wall Street and leaves open what - if anything - will assume the role of taking big risks that have powered the market's booms and busts. ...more
September 23, 2008
Congratulations, Raymond James, you're now the nation's largest investment bank. How? Because every other investment bank bigger than Raymond James Financial Inc. bit the dust last week or agreed to shotgun weddings with larger "commercial" banks that are perceived as more stable - stable by Wall Street standards. ...more
September 23, 2008
The woes of Wall Street have caught up with the crisis on Main Street. ...more
September 22, 2008
It's nowhere near the end of the world, but it does feel like the days immediately after Sept. 11, 2001, when the nation was knocked off its moorings and the future seemed uncertain. ...more
September 21, 2008
This past Thursday we were once again blessed with the wisdom of Frances Earl in which she asked the question: "What Planet is McCain Living On?" To which I ask her: What planet are you living on Ms. Earl? ...more
September 20, 2008
Are you capable of taking a perfectly good 158-year-old company and turning it into dust? If so, then you may not be earning up to your full potential. ...more
September 20, 2008
ADVERTISEMENT
Advertisement
TBO.com - Tampa Bay Online ©2009 Media General Communications Holdings, LLC. A Media General company. Member Agreement | Privacy Statement | Work With Us